Business News

Covid: Government planning road and rail changes for Christmas travel spike

Around 500 miles of roadworks are being cleared to ease congestion on motorways over the festive period.

For the World Economy, a Grim Slog Tempered by New Hopes

The emergence of vaccines has taken the edge off the worst fears, but a meaningful economic recovery probably remains distant.

McKinsey Proposed Paying Pharmacy Companies Rebates for OxyContin Overdoses

Court filings reveal consultants’ talk of a records purge during the opioid crisis, and shed new light on sales advice given to the billionaire Sackler family and their drug company, Purdue Pharma.

A Black Friday unlike any other: What four retail analysts are watching this holiday season

Black Friday sales may be strong this year, but how consumers are shopping is entirely different from any other holiday season, market analysts say.

I Don’t Want to Be the Office Grandma

Advice for getting back into the work force at 60, dealing with shame and co-workers, and how to cope with losing all motivation for working from home.

From Cardiff 's shops to Hermes' hubs, the UK has its Covid Black Friday

Covid rules fail to thwart record parcel traffic at Hermes in Hemel Hempstead or shoppers thronging the Welsh capital

As the Welsh government was setting out a grim set of Covid-19 statistics and explaining why new restrictions in the hospitality and entertainment sectors across Wales are needed, tens of thousands of people had flocked to Cardiff’s Queen Street to grab Black Friday bargains and stock up on Christmas gifts.

“We’re about halfway through our shopping,” said Adelheid Howells as she and daughters, Emily, Megan and Summer caught their breath, guarding an impressive collection of carrier bags.

Related: Black Friday expected to beat UK online sales records

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Big fall in Black Friday UK retail sales despite online spending boom

Barclaycard figures show payments down by a 10th from last year amid Covid restrictions

Retail sales on Black Friday have fallen sharply despite a boom in online spending as non-essential shops remain closed on England’s high streets during the second coronavirus lockdown.

Retailers said online sales hit record levels on the pivotal discount day to soften the blow from the closure of stores. However, UK figures from Barclaycard, Britain’s biggest credit card provider, show payments made in physical stores and online fell by more than a 10th comparedwith Black Friday a year ago.

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Covid Overload: U.S. Hospitals Are on the Brink

As the coronavirus pandemic surges across the country, hospitals are facing a crisis-level shortage of beds and staff to provide adequate care for patients.

Working remotely from different states? You could face additional state taxes next year

Working remotely from different states? You could face new tax obligations next year.

Black Friday comes early for shoppers this year

Shoppers took advantage of early Black Friday offers, but could face delays in getting their orders.

Pilot shortage prompts rare flight cancellations at Delta over Thanksgiving break

Pilot shortage prompts rare flight cancellations at Delta over Thanksgiving weekend

Long lines for Covid testing not going away any time soon, Summit CityMD CEO says: 'We are being...

"These lines are going to continue until a vaccine comes out and until the nice weather comes about," Summit CityMD CEO Dr. Jeffrey Le Benger said.

Watch live: World Health Organization holds a briefing on Covid as Europe's outbreak appears to slow

The World Health Organizations is holding a briefing Friday on the coronavirus pandemic as cases in Europe begin to show signs of slowing after a handful of countries shuttered their economies for weeks.

Black Friday may have undergone a 'fundamental change' due to the coronavirus pandemic

"We're seeing a fundamental change in the promotional calendar," former Saks Inc. CEO Steve Sadove told CNBC.

Biden’s Plan for Seniors Is Not Just a Plan for Seniors

The incoming administration aims to tackle child care, elder care, preschool and more in one ambitious aid program.

Black Friday 2020 looks bleak at stores, malls, as shoppers stick to couch surfing during the pandemic

Hardly any lines. Empty parking lots. More employees than customers in stores. These are just some of the scenes playing out on Black Friday 2020.

Thanksgiving Day online sales hit record $5.1 billion, up 21.5% from last year, Adobe says

The strong online shopping data reflects that many consumers are avoiding malls and buying gifts from their couch during the coronavirus pandemic.

As Winter Arrives, Heaters Become a Survival Tool for Businesses

A rise in demand for heating equipment has left some products back-ordered for months, possibly jeopardizing prospects for some businesses of getting through the pandemic intact.

Groups Trying to Open Golf to Young People Are Struggling Themselves

Even as more young men and women in need want to play, the pandemic has made it more difficult for nonprofits to raise money.

India’s Economy Shrinks Sharply as Covid-19 Slams Small Businesses

The latest data firmly establishes India’s position among the worst-performing major economies, despite government spending meant to blunt the pandemic’s impact.

One of November's worst-performing stocks could have 30% upside, chart suggests

Hanesbrands appears to be in a stronger position than the S&P 500's other laggards this month, two traders say.

Main Street pins hopes on Small Business Saturday sales to help stay afloat

It's uncertain how Small Business Saturday on Nov. 28 will move the needle and help the millions of business owners on Main Street struggling to survive.

Royal Mail could save £225m by cutting Saturday post, regulator says

The postal regulator says it could drop weekend letter deliveries and still meet people's needs.

Fears mount over future of Topshop owner Arcadia

Talks about borrowing £30m have reportedly failed, potentially putting 15,000 jobs at risk.

‘Tokenized’: Inside Black Workers’ Struggles at Coinbase

Coinbase, the most valuable U.S. cryptocurrency company, has faced many internal complaints about discriminatory treatment.

Pushed by Pandemic, Amazon Goes on a Hiring Spree Without Equal

The company has added 427,300 employees in 10 months, bringing its global work force to more than 1.2 million.

In Their 20s and Saving for Retirement: How It Started, How It’s Going

Three savers learned some important lessons early on.

The Rich Kids Who Want to Tear Down Capitalism

Socialist-minded millennial heirs are trying to live their values by getting rid of their money.